The Fed is poised to keep rates on hold for its sixth consecutive meeting. The S&P falls the most since January over fears of a hawkish pivot. Most European markets are shut for labor day holidays. Amazon surges as rising AI demand fuels its strongest cloud unit sales growth in a year. Plus, Tesla’s cost-cutting continues with another round of layoffs. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson, Kriti Gupta and Anna Edwards. (Source: Bloomberg)
Fed Rates Decision Today, S&P Falls Most Since January | Bloomberg Markets Today 05/01/2024
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